Avidbank Holdings Inc. (AVBH) vs Investar Holding Corporation (ISTR)

Avidbank Holdings Inc. and Investar Holding Corporation are both Banks Regional companies. Avidbank Holdings Inc. and Investar Holding Corporation are of similar size ($380.1M and $375.2M). Avidbank Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; Investar Holding Corporation trades at 10.6×. Investar Holding Corporation grew revenue faster over the last twelve months: 23.2% against −32.7%. Investar Holding Corporation has the higher net margin (16.5% vs −14.1%) and the higher return on invested capital (5.78% vs −7.91%). Across the 17 metrics below, Investar Holding Corporation leads on 11 and Avidbank Holdings Inc. on 6.

Valuation

Metric AVBH ISTR Banks Regional median
P/E n/m 10.61 12.28
P/S 3.62 1.99 2.37
P/B 1.22 0.98 1.21
Price to free cash flow 6.90 15.06 11.06
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (5.54%) 9.42% 8.02%
Free cash flow yield 14.48% 6.64% 8.80%

Profitability

Metric AVBH ISTR Banks Regional median
Gross margin 46.29% 62.55% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin (14.12%) 16.45% 18.68%
Free cash flow margin 52.44% 13.24% 21.11%
Return on equity (5.64%) 9.76% 10.64%
Return on assets (0.56%) 0.95% 1.13%
Return on invested capital (7.91%) 5.78% 8.33%

Growth

Metric AVBH ISTR Banks Regional median
Revenue growth (TTM) (32.72%) 23.18% 6.80%
EPS growth (last fiscal year) (181.52%) 4.41% 18.82%
Revenue growth, 5-year CAGR 36.67% 7.71% 12.56%
Net income growth, 5-year CAGR 0.00% 9.60% 9.83%

Health

Metric AVBH ISTR Banks Regional median
Debt to equity 0.07 0.36 0.21
Current ratio 1.03 0.95 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric AVBH ISTR Banks Regional median
Dividend yield — 1.67% 2.69%
Payout ratio — 0.19 0.32

Size

Metric AVBH ISTR Banks Regional median
Market cap 375.19m 380.11m 921.62m

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